"Insane" Moves In ETFs As Single-Stock Liquidity Disappears

Three week ago we wrote that "crazy things are happening with ETFs." Since then, "things" have gotten far crazier.

As Goldman ETF trader Chris Lucas writes, it’s been quite the month for those using ETFs to navigate a tricky tape, which according to the data would be pretty much everyone. What follows is a quick checklist on some of the main things Goldman desk has been seeing in the past few weeks.